This compound is primarily utilized in the synthesis of pharmaceutical intermediates, particularly in the development of drugs targeting specific enzymes or receptors. It serves as a key building block in the production of compounds with potential therapeutic applications, such as kinase inhibitors, which are crucial in cancer treatment and other diseases involving abnormal cell signaling. Additionally, it is employed in organic chemistry research for the creation of novel heterocyclic compounds, aiding in the exploration of new chemical entities with diverse biological activities. Its structure allows for further functionalization, making it valuable in medicinal chemistry and drug discovery processes.